HOUSE DECOR
ActiveHOUSE DECOR has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €169k and a net result of €48k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability97▼-1
Solvency100▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 5.0 against 3.24 in 2023; short-term debt: 20% and cash: 87.9% of total assets), and 20% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
58 d late
2022
35 d late
2021
on the day
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€169k▲ 15.6%
2023 · €146k
2019: €87k
2020: €114k
2021: €129k
2022: €113k
2023: €146k
2019 → 2024
Total assets
€211k=
2023 · €211k
2019: €212k
2020: €217k
2021: €221k
2022: €219k
2023: €211k
2019 → 2024
Net result
€48k▼ 1.9%
2023 · €49k
2019: €29k
2020: €28k
2021: €28k
2022: €26k
2023: €49k
2019 → 2024
Working capital
€169k▲ 16.1%
2023 · €146k
2019: €86k
2020: €98k
2021: €123k
2022: €111k
2023: €146k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€114k-€129k▲ 12.7%€113k▼ 12.6%€146k▲ 29.8%€169k▲ 15.6%
Operating result€40k-€40k▼ 2.1%€46k▲ 15.2%€73k▲ 61.0%€72k▼ 1.6%
Net result€28k-€28k=€26k▼ 4.1%€49k▲ 85.4%€48k▼ 1.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 2% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211k
Fixed assets
€92▼ 88.1%
Current assets
€211k▲ 0.3%
Equity and liabilities €211k
Equity
€169k▲ 15.6%
Debt
€42k▼ 35.1%
The debt ratio falls from 30.8% to 20.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▼
2023 · €77k
Cash flow
€49k▼
2023 · €53k
Solvency
80.0%▲
2023 · 69.2%
Current ratio
5.00▲
2023 · 3.24
Quick ratio
4.80▲
2023 · 3.08
Debt / equity
0.25▼
2023 · 0.44
ROE
28.4%▼
2023 · 33.5%
ROA
22.7%▼
2023 · 23.2%
Interest coverage
43.82▼
2023 · 48.71
Debt
€42k▼
2023 · €65k
Debt ≤ 1 year
€42k▼
2023 · €65k
Income taxes
€24k▼
2023 · €25k
Staff costs
€171k▼
2023 · €204k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€211k€211k=
Fixed assets21/28€770€92▼
Intangible fixed assets21€257-
Tangible fixed assets22/27€513€92▼
Plant, machinery and equipment23€513€92▼
Current assets29/58€211k€211k▲
Stocks and contracts in progress3€10k€8k▼
Stocks30/36€10k€8k▼
Amounts receivable within one year40/41€59k€13k▼
Trade receivables40€46k€9k▼
Other amounts receivable41€13k€4k▼
Cash at bank and in hand54/58€135k€186k▲
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€211k€211k=
Equity10/15€146k€169k▲
Contributions10/11€100€100=
Reserves13€146k€169k▲
Distributable reserves133€146k€169k▲
Amounts payable17/49€65k€42k▼
Amounts payable within one year42/48€65k€42k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€26k€37k▲
Suppliers440/4€26k€37k▲
Advances received on contracts in progress46€25k€1k▼
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€7k€2k▼
Remuneration and social security454/9€3k€524▼
Other amounts payable47/48€1k€1k=
Income statement
Code20232024
Remuneration, social security and pensions62€204k€171k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€678▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€282k€245k▼
Operating profit (loss)9901€73k€72k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€74k€72k▼
Income taxes67/77€25k€24k▼
Profit (loss) for the period9904€49k€48k▼
Profit (loss) for the period to be appropriated9905€49k€48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€48k▼
Transfer from equity791/2€15k€25k▲
Transfer to equity691/2€49k€48k▼
To other reserves6921€49k€48k▼
Profit to be distributed694/7€15k€25k▲
Return on contributions (dividend)694€15k€25k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Equity above €150kEq €169k ▲15.6%
6 profitable years in a row build equity to €169k.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Highest result since 2019net €49k ▲85.4%
Operating result €73k, net result €49k, both a record.
04-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 35 days late
2022
31-12
Financial
Weakest financial yearnet €26k ▼4.1%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €100kEq €114k ▲31.7%
2 profitable years in a row build equity to €114k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
08-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Turnhoutsebaan 482970 SchildeGround area
173 m²
Building footprint
131 m²
Volume, LiDAR
1,059 m³
Parcel 11922C0474/00E003, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
House Decor
since 20122.208.030.301
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0474/00E003 | Flanders | 173 m² | 1 · 131 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 33,492 EUR awarded · 33,492 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,752 EUR | 7,752 EUR |
| 2024 | 1 | 10,874 EUR | 10,874 EUR |
| 2023 | 1 | 13,934 EUR | 13,934 EUR |
| 2022 | 1 | 932 EUR | 932 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
AMIDO DEXTRO
BE 0664.782.273
Mol · Eq €169k
Floorconcept
BE 0508.599.506
Heist-op-den-Berg · Eq €169k
Pleistertechnieken Roelants
BE 0799.769.552
Nijlen · Eq €169k
Vermeulen Jonas
BE 0740.777.914
Lochristi · Eq €169k
MoDeMo
BE 0536.272.913
Gavere · Eq €169k
Of 7,864 companies in sector 43341 we hold annual accounts for 2,664. 2,135 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-2012
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43221Plumbing work
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43320Joinery installation
43333Wallpapering and laying of floor and wall coverings in other materials
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.